Industry News
How “One Big Beautiful Bill” Could Benefit Manufacturers and the North American Industrial Ecosystem
Donald Trump recently released a list of ten economic principles that are included in his bill for sweeping economic reform, which he describes as the “One Big Beautiful Bill.”For Prince, which has successfully created a hybrid model combining manufacturing and assembly operations at Mexican maquiladora facilities with a robust U.S.-headquartered network of manufacturing, engineering, logistics, […]
Why Manufacturing Companies from Industrialized Nations Are Turning to Prince Manufacturing for North American Operations
Today’s business climate presents some serious challenges for manufacturers from industrialized nations. Between rising labor costs in Asia, the threat of more tariffs, the growing risk of intellectual property theft, and the quest to be as near to your market as possible, many companies are reconsidering their options for doing business in the United States. […]
The Rise of Smart Manufacturing in Mexico and the United States: Automation, AI, and Industry 4.0
During recent years, the growth of smart manufacturing in Mexico and the United States has become a pivotal influence that drives the transformation of the North American industrial sector.Mexican maquiladora factories and US plants that used to rely on cost-efficient labor now combine advanced technologies like automation and AI along with Industry 4.0 principles to […]
Navigating tariffs and economic instability? Contract Manufacturing Might be a Good Solution.
Navigating tariffs – U.S. manufacturers face increasing uncertainty in making offshore production decisions due to changing trade policies combined with global supply chain disruptions and international tariff threats. Many companies are opting for domestic contract manufacturing to navigate unpredictable economic conditions, thereby reducing risk and ensuring supply chain stability while maintaining high-quality production standards. Prince […]
A Comprehensive Guide to Smart Outsource Manufacturing
Update: We also invite you to read a related article published January 8, 2024 here Choosing the Right Provider for Metal Fabrication Services: A Comprehensive Guide Of the many choices companies face when producing products, outsourcing manufacturing ranks among the most difficult and confusing. There are numerous benefits from utilizing manufacturing outsourcing services in many […]
AI for Manufacturers Interview with Michael Lynch of Praxie – [Podcast]
The trend is reversing. China is no longer considered the better option across the board. Reshoring to the US and especially nearshoring to Mexico are becoming more and more popular.
Manufacturing Trends in 2024: A Deep Dive into Agility, Technology, and Quality Assurance
In today’s fast-paced world, the manufacturing industry is undergoing rapid transformation. With technological advancements, changing consumer demands, and a relentless pursuit of efficiency, manufacturers are embracing new strategies and technologies to stay competitive. This blog post delves into manufacturing trends in 2024 that are shaping the productive landscape, supported by relevant statistics and data.Foundational Agility: […]
The Rise of Electric Vehicle Manufacturing
The automotive industry has undergone a revolutionary transformation in recent years with the increasing prominence of electric vehicles (EVs). As concerns about climate change and environmental sustainability continue to gain traction, the demand for cleaner and greener transportation options has spurred the rapid growth of electric vehicle manufacturing. This blog post delves into the […]
